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Apple is reportedly looking into extending its iTunes Store payment-processing system to a number of third-party sites, a move that would put the system in competition with Amazon, eBay, PayPal and others. The development would allow account holders at the iTunes Store to use their accounts to buy products and services from the other sites.

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Taiwan-based Acer is planning to expand into electronic books and televisions. The move would pit Acer against Amazon and Samsung Electronics. "They definitely have to get ready for the next five years as the PC business slows down. It's hard for them to differentiate the e-book; it's kind of a 'me too' product," said Calvin Huang, a Daiwa Securities analyst.

Digeo has announced the Moxi Mate thin-client set-top box, which allows digital-cable subscribers to access video content stored on a Moxi HD DVR or other connected device from various rooms in a networked home. The system has a suggested retail price of just under $400.

Falling demand for new PCs led Lenovo Group to post a net loss of $16.01 million for its fiscal first quarter on an 18% drop in revenues. But sales are picking up in China, where Lenovo sells almost half of its systems, leading some analysts to predict a slow recovery for the company starting before the end of this year.

Lexicon will roll out a Blu-ray player that features a USB port, BonusView and an Ethernet connection, which will allow it to support BD-Live. The BD-30 player can also re-create DVDs in audio and video formats. Lexicon hasn't offered terms on pricing or a release date.